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Procedural Issue Substantive Issue

Year the case was initiated2002
Year the award was rendered2007
Country involvedUkraine
Home country of the investorLithuania
Parties to the disputeTokios Tokelés v. Ukraine (ICSID Case No. ARB/02/18)
Sector3
Type of investmentprinting enterprise
Nature of dispute / claimclaims arising from certain allegedly wrongful action by the Government of Ukraine vis-à-vis the investor including investigations, document seizures, public accusations of illegal conduct, judicial actions to invalidate contracts and seize assets
Legal instrumentLithuania-Ukraine BIT
Rules / VenuesICSID
Amount sought by investorapprox US$ 65 million plus interest
Amount awarded / status of disputeTribunal has jurisdiction; claims are dismissed on the merits
ArbitratorsMichael Mustill (Chair); Daniel M. Price; Piero Bernardini
Decisions renderedDecision on Jurisdiction and dissenting opinion issued on 29 April 2004;
Award and dissenting opinion issued on 26 July 2007
Statusawarded in favor of the state
Linkshttp://www.worldbank.org/icsid/cases/tokios-decision.pdf
http://www.worldbank.org/icsid/cases/tokios-dissenting_opinion.pdf
Commentary (if any)
Special features